IFP Advisors Inc Sells 60,874 Shares of iShares Russell 2000 ETF $IWM

IFP Advisors Inc lessened its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 70.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,119 shares of the exchange traded fund’s stock after selling 60,874 shares during the quarter. IFP Advisors Inc’s holdings in iShares Russell 2000 ETF were worth $7,547,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Rogco LP bought a new stake in iShares Russell 2000 ETF in the 2nd quarter valued at $25,000. Montgomery Financial Services LLC bought a new position in iShares Russell 2000 ETF during the second quarter worth $30,000. Acumen Wealth Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares Russell 2000 ETF in the third quarter valued at $28,000. Finally, Osbon Capital Management LLC bought a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $31,000.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $290.64 on Thursday. The stock has a market cap of $80.00 billion, a PE ratio of 17.69 and a beta of 1.11. The firm has a 50-day moving average of $296.62 and a 200-day moving average of $281.10. iShares Russell 2000 ETF has a 52-week low of $228.90 and a 52-week high of $305.18.

About iShares Russell 2000 ETF

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.